ESMA launches ESAP Phase 1 data collection from OAMs and NCAs

ESMA started collecting information and metadata from OAMs and NCAs under the first phase of the European Single Access Point (ESAP).

ESAP Phase 1 goes live, centralising EU financial and sustainability disclosures. Issuers and reporting entities must ensure disclosures reaching OAMs meet ESAP metadata and format standards, as data becomes broadly accessible to investors and supervisors.

Centralised access increases disclosure transparency, reputational exposure and market scrutiny of issuer filings across the EU.

ESAP is a structural change to EU disclosure infrastructure with wide-ranging implications for issuers, investors and supervisors.

“ESMA launched collection of information from Officially Appointed Mechanisms and National Competent Authorities for the first phase of implementation of the European Single Access Point (ESAP).”